Jones Financial Companies Lllp Acquires 9,287 Shares of iShares Floating Rate Bond ETF (BATS:FLOT)

Jones Financial Companies Lllp boosted its position in iShares Floating Rate Bond ETF (BATS:FLOT) by 93.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,228 shares of the company’s stock after buying an additional 9,287 shares during the quarter. Jones Financial Companies Lllp’s holdings in iShares Floating Rate Bond ETF were worth $978,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Continental Investors Services Inc. raised its position in iShares Floating Rate Bond ETF by 2.6% in the 3rd quarter. Continental Investors Services Inc. now owns 7,884 shares of the company’s stock valued at $401,000 after buying an additional 202 shares during the last quarter. Pine Valley Investments Ltd Liability Co raised its position in iShares Floating Rate Bond ETF by 1.5% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 14,350 shares of the company’s stock valued at $732,000 after buying an additional 214 shares during the last quarter. Y.D. More Investments Ltd raised its position in iShares Floating Rate Bond ETF by 1.2% in the 4th quarter. Y.D. More Investments Ltd now owns 21,150 shares of the company’s stock valued at $1,076,000 after buying an additional 250 shares during the last quarter. Legacy Capital Wealth Partners LLC raised its position in iShares Floating Rate Bond ETF by 0.5% in the 4th quarter. Legacy Capital Wealth Partners LLC now owns 52,254 shares of the company’s stock valued at $2,659,000 after buying an additional 255 shares during the last quarter. Finally, Flagstar Advisors Inc. raised its position in iShares Floating Rate Bond ETF by 1.4% in the 3rd quarter. Flagstar Advisors Inc. now owns 22,307 shares of the company’s stock valued at $1,139,000 after buying an additional 315 shares during the last quarter.

iShares Floating Rate Bond ETF Price Performance

Shares of iShares Floating Rate Bond ETF stock opened at $50.96 on Friday. The business’s 50 day simple moving average is $50.98 and its 200 day simple moving average is $50.96. iShares Floating Rate Bond ETF has a 52-week low of $50.76 and a 52-week high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.1912 per share. The ex-dividend date of this dividend was Monday, March 3rd.

About iShares Floating Rate Bond ETF

The iShares Floating Rate Bond ETF (FLOT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of USD-denominated, investment-grade floating rate notes with maturities of 0-5 years. FLOT was launched on Jun 14, 2011 and is managed by BlackRock.